How Major Fan Tokens are Moving Ahead of UCL Round 2

The second round of matches in the UEFA Champions League (set to kick off tonight, Oct. 13) have catalyzed fresh movements for the Fan Tokens involved in the evening’s upcoming fixtures.

The uptick in volume and spot prices for these tokens comes amid a week in which the broader cryptocurrency market was on the decline.

However, with Bitcoin ($BTC) registering modest gains of 2.7% in the past 24 hours, there’s a chance that tonight’s tokens could catch the market’s growing tailwind, depending on results.

So let’s examine how Atletico Madrid ($ATM), Napoli ($NAP), Arsenal ($AFC), and Inter Milan ($INTER) are shaping up ahead of tonight’s fixtures.

Atletico Madrid ($ATM) – Leading Trade Volume Charts

Just hours ahead of tonight’s home match against Manchester United, the Atletico Madrid Fan Token® ($ATM) was leading the trade volume charts among Chiliz’ Fan Tokens.

Rising from $1.8M to $2.9M in the past 24 hours, $ATM traders seem to be enthused by the prospect of a win against a Manchester United side that’s been struggling domestically this season.

What’s more, the daily price increase from $1 to $1.03 amounts to 3% growth for $ATM ahead of tonight’s clash.

Atletico currently sit 2nd in the La Liga, behind league-leaders Barcelona. Meanwhile, opponents Manchester United sit 13th in the English Premier League.

With that in mind, Atletico are favourites among bookmakers to defeat a struggling Manchester side.

Arsenal ($AFC) – Last Season’s Finalists Expect 3 Points

Last season’s Champions League finalists are heavy favourites to win their home game against Lille tonight.

The value of the Arsenal Fan® Token ($AFC) fell 2% in the last 24 hour period, and is down 4.5% for the week.

With trade volume hovering around $250,000, tonight’s fixture seems to have done little to attract speculation, perhaps because Lille are considered to have an 11/1 chance of beating Arsenal away from home, and victory is expected for the North London club.

Arsenal currently sit 2nd in the Premier League, having lost just once in their first six games, but are still considered among the favourites to retain last year’s Premier League crown.

Lille are also 2nd in their domestic league, just a point behind league-leaders AS Monaco ($ASM).

Inter Milan ($INTER) – Italian Champions Notch Up Weekly Gains

Italian champions Inter Milan take on Belgian side Club Brugge tonight, in a match they are expected to dominate.

The spot price of the Inter Milan Fan Token® ($INTER) has been up and down in the past 24 hours, without much change. However, the token’s gains of 3% in the past week suggest something might be brewing among $INTER traders.

Trade volume remains modest at around $150,000, but that’s a 100% increase on the weekly low of $75,000.

Inter currently lead the Serie A league table, and are seeking to retain their domestic league title and make a mark in this year’s Champions League. Club Brugge currently sit 2nd in the Belgian domestic league.

Napoli ($NAP) – A Point to Prove

Both Napoli and tonight’s opponents Villarreal will have something to prove after each losing in the first round of their Champions League campaigns.

The Napoli Fan Token® ($NAP) is priced the same as it was 24 hours ago, around the $0.20 range. However, as seen below, the price did briefly spike as high as $0.215 in a very short jump that returned to baseline soon afterwards.

Trade volume for $NAP jumped from $140,000 to $490,000 in the past 24 hours, marking a high not seen since mid-September.

Napoli’s Serie A campaign hasn’t been easy this season. The club currently sits in 8th place, having recorded three wins, one draw, and two losses.

Despite lying in 11th place in La Liga, Villarreal are still slight favourites to take all three points in tonight’s home fixture.

Greg Thomson: Fan Tokens Market Reporter